"JTG Daugherty Racing is a solid race team that has come close to
winning races with Marcos Ambrose and I'm looking forward to
developing our new partnership in 2011," Labonte said. "The
team is thriving and their technical alliance with MWR (Michael Waltrip
Racing) is intact. It's great to have next year already set in
stone so when this season ends we can begin focusing on next year right
away. Everything is in place and we have all the right ingredients to win
races together."

Labonte's credentials speak for themselves. The Corpus Christi,
Texas native is a 21-time NASCAR Sprint Cup Series winner with 26 pole
awards, 114 top-five and 199 top-10 finishes. Team owners Jodi and Tad
Geschickter and Brad Daugherty are pleased Labonte accepted the offer to
drive the JTG Daugherty Racing NASCAR Sprint Cup Series entry as they
enter their third full-time season of competition at Daytona
International Speedway on February 13th.

"We are really happy Bobby has decided to join our team because I
have known him for a long time and I have always admired him as a
professional driver and as an individual," Daugherty said.
"He will do an outstanding job representing our products and team.
He has gotten to a point in his career that he still has some things to
accomplish. He is highly experienced with a championship on his
resume' and we know he is capable of winning."

"We would like to give a warm welcome to Bobby as he joins the JTG
Daugherty Racing family," said Jodi Geschickter. "We know he
is an amazing fit for our sponsors and racing organization. The Labonte
name has a history of excellence. Bobby is a proven winner, a NASCAR
Sprint Cup Series champion and his character is solid. We share similar
goals and views regarding the future. We are pleased that he has accepted
the offer to join JTG Daugherty Racing in 2011."

JTG Daugherty Racing's partners concur.

"We are extremely excited to have Bobby coming on board,"
said Grant LaMontagne, Senior Vice President and Chief Customer Officer
of The Clorox Company, the longest running sponsor partner of JTG
Daugherty Racing. "He's a champion and a great fit for our
brands. We expect to have a serious run for the Chase next season."

This announcement follows Marcos Ambrose's decision to part ways
with JTG Daugherty Racing at the end of the year, which was confirmed on
Tuesday by team officials.